Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster−0.002%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.394%+$39 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.002%, 7d avg +0.008%
Together, before fees+0.429%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster POLUSDT0.10900.0100pay 0.0050% / 4h1h 33m$361K$240K20x
ShortLighter POL0.10900.0096get 0.0012% / 1h33m 20s$276K$543K8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: −0.002% → +0.008%
−$1.01
Slippage, 4 orders
−$53.14
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$62.99
Costs to cover
0.611%
Break-even
never at this rate
Slippage from Aster: live order book, 9 min ago; Lighter: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 9 min ago11.44 bp23.5 bp −$24252.4 bp −$2,524doesn't fitdoesn't fit
Sell Lighter live order book, 2 min ago5.74 bp10.5 bp −$1062.6 bp −$626doesn't fitdoesn't fit

POL on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0472%1h0.1088−0.222%$201K$203K50xas long as short
Kraken Futures PF_POLUSD−0.0380%1h0.1091+0.051%$1.1M$1.0M50xas long as short
Gate POL_USDT−0.0328%4h0.1089−0.121%$1.8M$1.3M75xas long as short
Reya POLRUSDPERP−0.0006%1h0.1090−0.004%$2Kas long as short
dYdX POL-USD0.0000%1h0.1090−0.030%$18K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1090−0.041%$12K150xas long as short
Orderly PERP_POL_USDC+0.0027%4h0.1091+0.044%$11K$1.3M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.887%$3K$124K12xas long as short
OKX POL-USDT-SWAP+0.0050%4h0.1090+0.007%$5.6M$9.4M50xas long as short
Lighter POLshort+0.0096%1h0.1090−0.002%$276K$543K8x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1092+0.172%$7.4M$3.7M5xas long as short
Aster POLUSDTlong+0.0100%4h0.1090long leg$361K$240K20x
Binance POLUSDT+0.0100%4h0.1090−0.011%$16.6M$37.4M75xas long as short
Bybit POLUSDT+0.0100%4h0.1090−0.020%$15.7M$10.0M75xas long as short
MEXC POL_USDT+0.0100%4h0.1090+0.007%$24.6M$3.3M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1090−0.002%$2.9M$939K50xas long as short
Bitget POLUSDT+0.0100%4h0.1091+0.025%$4.0M$4.1M50xas long as short
BingX POL-USDC+0.0100%4h0.1090−0.048%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1089−0.125%$602K$167Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1090−0.002%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1091+0.053%$194K$635K50xas long as short
Extended POL-USD+0.0104%1h0.1090−0.011%$93K$238K10xas long as short
Aevo POL-PERP+0.0104%1h0.1089−0.107%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1090−0.008%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1091+0.025%$897K$149K75xas long as short